For Sale
$18,000,000

2525 Lake Park BlvdSalt Lake City, UT 84120

125,130 SF Office Building, $18M

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional three-story, 125,130-square-foot office building, constructed in 2000, presents a compelling investment opportunity. Located in West Valley City's prestigious Lake Park Corporate Center at 2525 Lake Park Blvd, 84120, this property boasts stunning views of a golf course, lakes, and mountains. The building features attractive landscaping and a range of amenities including an on-site cafeteria, fitness center, lakeside walking path, and outdoor patio. Its convenient location offers easy access to Salt Lake International Airport, hotels, restaurants, and major highways via Bangerter Highway. The property sits on an 8.22-acre lot (APN: 15-19-426-007-0000) and is zoned M. The building is currently available for sale at $18,000,000. A significant upside potential of $6,000,000 exists through a conditional use permit from West Valley City and the Lake Park Corporate Owners Association allowing for office condominium conversion. Detailed analysis is available upon request. The building's net rentable square footage is 125,130 square feet. This is a rare opportunity to acquire a high-quality, amenity-rich office building in a desirable location with substantial growth potential.

Property Details for 2525 Lake Park Blvd

Property type
Office properties, Medical offices
Square Feet
125,130 SF
Year Built
2000
Buildings
1
Stories
3
Lot Size (sq. ft)
358,063 SF

Location Insight

City
Salt Lake City
County
Salt Lake
State
Utah
Latitude
40.7153443
Longitude
-111.9875542
2525 Lake Park Blvd, Salt Lake City, Utah

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2525 Lake Park Blvd
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